Giga Metals Co. (CVE:GIGA – Get Free Report)’s stock price dropped 3.2% during mid-day trading on Thursday . The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 25,500 shares changed hands during trading, a decline of 53% from the average daily volume of 54,575 shares. The stock had previously closed at C$0.16.
Giga Metals Trading Down 3.2 %
The stock has a market cap of C$14.69 million, a PE ratio of -7.50 and a beta of 1.13. The firm has a 50-day simple moving average of C$0.18 and a 200-day simple moving average of C$0.17. The company has a quick ratio of 14.39, a current ratio of 4.45 and a debt-to-equity ratio of 0.63.
Giga Metals Company Profile
Giga Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel and cobalt sulphide deposits. It holds 100% interests in the Turnagain property with 75 contiguous mineral claims covering an area of approximately 40,069 hectares located in the Liard mining division of northern British Columbia.
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